Re: The Numismatic Thread

I collect commemorative ones not for the ($$$) value but just because the history and date of the coin looks interesting.

Here in Singapore, there's an area here every sunday that sells bills and coins.* Di lang ako marunong tumingin.

Actually, coins are graded according to their condition. The most expensive ones would be the Mint Set. They are housed in a presentation box and are sold to collectors and dealers. If you are looking for a very rare coin especially those in spanish era, a VF or Very Fine will suffice. Thats with a few scratches.

Re: The Numismatic Thread

I used to have a complete collection of Japanese-era "Mickey Mouse" money. My collection also included a few Bagong Lipunan notes.

Unfortunately, they all got lost when our house got razed to the ground.*

Sayang naman.

A tip in collecting notes. Just look for the President/CB Governor signature. Example, Marcos-Calalang or Marcos-Licaros or marcos-Buenaventura, Also there is a commemorative notes in the ABL series. The canoniation of Lorenzo Ruiz was commemorated with his image on the left part of the note.

Also look or the serial numbe. If you found a note with serial number of 00000000001 or 9999999999, then its worth a fortune to collectors.

Re: The Numismatic Thread

I started collecting Canadian Maple Silver Coins just in case paper money (meaning fiat currency) is abolished and replaced by commodity backed-currency. Just to be sure I have a hedge during hyper-inflation.

These are not collector edition coins. I don't want to pay for the premium. I want to own silver coins for their intrinsic value.

Silver prices are down again despite the fact that silver coins are now in short supply, really short supply. A good time to buy.

Next time, gold. South African, Canadian or American gold coins are good hedges against inflation.

Re: The Numismatic Thread

I collect commemorative ones not for the ($$$) value but just because the history and date of the coin looks interesting.

Here in Singapore, there's an area here every sunday that sells bills and coins.* Di lang ako marunong tumingin.

Actually, coins are graded according to their condition. The most expensive ones would be the Mint Set. They are housed in a presentation box and are sold to collectors and dealers. If you are looking for a very rare coin especially those in spanish era, a VF or Very Fine will suffice. Thats with a few scratches.

Mint would be perfect. But I also read somewhere that old coins shouldn't be cleaned whatsoever. Why so?

Re: The Numismatic Thread

Yes, old coins should not be cleaned because it will lose its intrinsic value. Experts call it PATINA. Its the natural stain of the coin due to old age. If you clean your coins, experts can tell and they wont buy it anymore. Never use GLO or any metal polish. It will give your coin shine initially but after a few days, it will turn dull. However, if you want your collection cleaned, you can always take them to experts. They have a special cleaning agent. Quite expensive though.

If you guys happen to frequent the U Belt area, along Recto, there is a store there named Rogelio De Jesus in front of San Sebastian College. That store sell coins, stamps and antiques. The owner, son of Rogelio is a member of the PNAS, or Philippine Numismatic and Antiquarian Society.